Eaton (ETN) completes acquisition of Fibrebond
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Eaton completes acquisition of Fibrebond
April 1, 2025 4:15 PM EDTExpands Eatons presence in growing market for modular solutions for multi-tenant and hyperscale data center customers Acquisition provides differentiated offering in fast-growing markets
DUBLIN--(BUSINESS WIRE)-- Intelligent power management company Eaton (NYSE: ETN) today announced it has completed the acquisition of Fibrebond, a designer and builder of pre-integrated modular power enclosures. Under the terms of the agreement, Eaton paid $1.4 billion for Fibrebond, which is expected to generate $110 million of estimated 2025 adjusted EBITDA. Eaton expects the deal will be neutral from an earnings per share... More
